Lithuania’s land-based casino industry faces a “very high” risk from money laundering, while the remote gambling sector faces a high risk, according to a risk assessment carried out by the country’s government.
Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that could raise upwards of £900m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.
The Malta Gaming Authority (MGA) has signed a data-sharing agreement with the Darts Regulation Authority (DRA), while the regulator has also announced a partial reopening of gaming parlours on the island.
Sweden's liicensed gambling operators reported revenue of SEK5.90bn in the first quarter of 2020, down 1.4% from 2019, according to new figures from regulator Spelinspektionen and the Swedish Tax Agency.
Latin American sportsbook operator Betcris has joined the International Betting Integrity Association (IBIA), becoming the first local operator in the region to become a member of the integrity watchdog.
Danish gaming operator Danske Spil has reported a marginal year-over-year increase in revenue for the first quarter of 2020, with declines in its igaming and gaming machine arms mitigated by growth in its lottery business.
Almost three quarters of regular bettors continue to wager on sports despite the majority of events having been cancelled or postponed as a result of the novel coronavirus (Covid-19) pandemic, according to a new report by Freebets.com.
Gambling tech giant Playtech has revealed it was able to perform as expected in the first quarter, experiencing a strong trading period despite its business being impacted by the novel coronavirus (Covid-19) pandemic.
With the share prices of some of the major online players currently proving more resilient than expected following a period of vastly divergent performances across the sector, David McLeish analyses the immediate opportunities and likely drivers of consolidation plays over the next 12-18 months
GambleAware has called for authorities to increase and expand the amount of help available to problem gamblers in the UK after new research found that almost half of affected players are choosing not access treatment or support.